Investing in overseas property is one of the biggest decisions that many foreigners make.
Before you prepare for success, it’s important that you understand your overseas market, what ownership regulations that apply, if you can easily transfer your money out of the country, what taxes that apply, and more.
To give you a helping hand, I decided to write this article, where I give you my own personal reflections, backed by data.
Let’s review the 4 best countries to buy real estate in Asia.
In this article, I don’t only take yields into consideration, or target investors with a high risk appetite. I also take property taxes, land ownership regulations, capital controls and the easiness to get long term visas into my assessment.
This article is not for people who look for investment properties merely.
Market cycles, and where countries stand right now, is also of importance, of course. Many news channels and experts say that Singapore, Indonesia and India looks promising at the moment.
The Singaporean market has seen a downturn in the past years, and has started to recover. India is getting increasingly more interesting, as it grows fast economically, while Indonesia follows a similar path, with much investment in infrastructure.
4. The Philippines
The Philippines is, together with Cambodia and Vietnam, one of the fastest growing countries in Asia. With a growing middle class, favorable demographics, and an English speaking low cost workforce, more and more corporations and investors turn to this country.